Tax Return Preparation

New tax rules introduced on 1st April last year are coming home to roost for taxpayers with offshore investments and their tax agents. The new rules are so complicated that few investors will be able to do their own returns predicts John Commins, a consultant for financial intermediaries.

So you didn’t file your tax returns or filed them late and you’re wondering what penalties you’ll have. Here are some of the most common IRS tax offenses and the penalties that go along with them.

H&R Block Inc. (NYSE:HRB) today reported that fiscal 2008 earnings from continuing operations grew 21 percent to $454.5 million, or $1.39 per share, compared to $374.3 million, or $1.15 per share for the prior year. Full year revenues rose 10 percent to $4.4 billion, primarily reflecting growth in Tax Services. For its fiscal fourth quarter ended April 30, 2008, earnings from continuing …

KANSAS CITY, Mo.—-H&R Block Inc. today reported that fiscal 2008 earnings from continuing operations grew 21 percent to $454.5 million, or $1.39 per share, compared to $374.3 million, or $1.15 per share for the prior year.

JK Harris and Company negotiates a levy release with the IRS to help Texas family get out of a tax bind.

H&R Block Inc. (NYSE: HRB) will report fiscal 2008 fourth quarter and full year financial results on Monday morning, June 30, 2008, before the New York Stock Exchange market opening. At that time, a copy of the press release will be available on the company’s Web site at www.hrblock.com. The company had previously announced that it would release its financial results after market close. H&R …

KANSAS CITY, Mo.—-H&R Block Inc. will report fiscal 2008 fourth quarter and full year financial results on Monday morning, June 30, 2008, before the New York Stock Exchange market opening.

Article 16 of Spain’s Corporate Income Tax Law (Law 43/1995) regulates transactions between related entities. It also establishes rules for valuing those transactions and sets deductibility requirements for expenses derived from those transactions. Under article 16.

If you have bought a hybrid vehicle after January 1 2006, then your vehicle (and you, happily!) qualify for this tax credit. This tax credit will also apply to your vehicle if you have begun to use your car after this date. Learn more about the Hybrid Car Tax Credit.

Got a letter for a Correspondence Audit or IRS Office Audit? Below I outline what to know and what to expect!